Bitcoin Forecasts

[1Referee]

can anyone really be shocked anymore by this market? =)

Yes! It's quite funny and weird at the same time, but even people who have gone through the pumps and dumps for years still find themselves trapped one way or another.

The thing is that people adjust themselves to whatever the situation is in the more recent months and discard what happened before that. I have already seen people say that just because the bulls have supported the $10,000 level it's the new bottom. They no longer think about how $6000 last year was more fiercely supported and for a much longer period of time. It still broke.

Just look at how many threads will pop up when $9000 breaks asking why the price has gone down. It's always the same story.

[Kalemder]

http://prntscr.com/p25ohx
5 Eylül
Şuanda durum bu. 10650-10550 arasında duran bir bitcoinimiz var.
Yakın bir zamanda bu seviyelerin altına önemli bir hareket yapacağını düşünüyorum.
Bir kaç güne kadar 10000-10100 dolar arası ilk hedef seviyesi.
Bu pozisyonun durumuna göre 9750 dolar seviyesi de beklenebilir.
Özetle; yukarı ufak bir sıçrama yapar mı yapmaz mı bilemem ama genel olarak beklenen yön aşağı.

September 12

I've written this before.
Currently btc 10300 dollars
Downward pressure continues at Bitcoin.
Pressure's a little low. But it goes on.
In my opinion; will make a move up again.
10400-10500 levels.
Maybe he can try higher. (10,700)
I can clearly state that:
This will happen and we will go back to the 9750 band again. (On average)

+++
It's like I said. The movements I've been waiting for. The pressure is relieving itself now. Again, it was a successful analysis.

[Kalemder]

The market is currently pointing to its lower bull. The situation becomes clear in a few days. Currently there is no pressure up-weight balance.

I am enjoying the last 4 btc analysis right now.

[exstasie]

Currently btc 10300 dollars
Downward pressure continues at Bitcoin.
Pressure's a little low. But it goes on.
In my opinion; will make a move up again.
10400-10500 levels.
Maybe he can try higher. (10,700)
I can clearly state that:
This will happen and we will go back to the 9750 band again. (On average)

+++
It's like I said. The movements I've been waiting for. The pressure is relieving itself now. Again, it was a successful analysis.

It was a good call, kudos. That dip below $10K was very short-lived......very strong reaction from buyers! So my bias is getting really bullish now. I figure some sideways coiling is still possible in the coming days, but breaking above the $10,350 area again should trigger a big move.

What do you think?

[Kalemder]

Currently btc 10300 dollars
Downward pressure continues at Bitcoin.
Pressure's a little low. But it goes on.
In my opinion; will make a move up again.
10400-10500 levels.
Maybe he can try higher. (10,700)
I can clearly state that:
This will happen and we will go back to the 9750 band again. (On average)

+++
It's like I said. The movements I've been waiting for. The pressure is relieving itself now. Again, it was a successful analysis.

It was a good call, kudos. That dip below $10K was very short-lived......very strong reaction from buyers! So my bias is getting really bullish now. I figure some sideways coiling is still possible in the coming days, but breaking above the $10,350 area again should trigger a big move.

What do you think?

There is no specific situation yet. I'll only share the signal in obvious situations. There is balance and uncertainty now. This could create a small bull for the altcoin.

Greetings ...

[slocker]

The market is currently pointing to its lower bull. The situation becomes clear in a few days. Currently there is no pressure up-weight balance.

I am enjoying the last 4 btc analysis right now.

This was also fake. Cuz of that 175 mil printed dollars in last few days. That why we had sudden fall and recovery. Think we are in stable run for the moment and that we will see next spike in upcoming month for some 12-13 level for the moment. Dont think we will have something big in next month or two.

[Kalemder]

September 24
Bitcoin is 9730 dollars.
I'm waiting for up from this area.
Now we are free from the downward pressure.
The bull for Bitcoin now ...
Goal 1 10300
Goal 2 10500

[Vispilio]

BTC getting into oversold territory now, this drop can be the last shake down before the strong rally resumes towards possibly a new ATH,

I would consider 7500-8000ish USD levels during the next 1-2 weeks as opportune places to incrementally add to your BTC positions

(while keeping some reserves intact in case of an unpredictable catastrophic event)...

[Jating]

BTC getting into oversold territory now, this drop can be the last shake down before the strong rally resumes towards possibly a new ATH,

I would consider 7500-8000ish USD levels during the next 1-2 weeks as opportune places to incrementally add to your BTC positions

(while keeping some reserves intact in case of an unpredictable catastrophic event)...

I agree about the over sold territory specially in the last couple of months. I'm sure everyone notices the pattern is sideways, so it's either a break out could happen anytime or just book orders are getting thiner by the day.

$75---to $8---'sh levels is possible, although trading volume seems to go up, it doesn't mean that investors are still getting back after a flash crash scare. So for those who really have the capital to get inside today, perhaps it's a good decision and then slowly accumulate when the price goes down again in the next one to two weeks.

[1Referee]

BTC getting into oversold territory now, this drop can be the last shake down before the strong rally resumes towards possibly a new ATH,

Bitcoin can stay overbought/oversold for quite a long time. Remember that markets can stay irrational longer than you can stay solvent!

I would consider 7500-8000ish USD levels during the next 1-2 weeks as opportune places to incrementally add to your BTC positions

(while keeping some reserves intact in case of an unpredictable catastrophic event)...

It would offer a DCA opportunity, but nothing more than that. It's bearish to see the price close below the 200EMA on the daily without bouncing off it first. In most cases these movements provide a glimpse of what the longer term trend will look like, so unless we make a massive bounce back above $9300 and close a few daily candles there, there is not much point in pushing a bullish narrative.

I expect the price to plummet to $7000-$7500 which will be my first DCA entry point and from there I will reassess the market's behavior for my next move.

[Vispilio]

It would offer a DCA opportunity, but nothing more than that. It's bearish to see the price close below the 200EMA on the daily without bouncing off it first. In most cases these movements provide a glimpse of what the longer term trend will look like, so unless we make a massive bounce back above $9300 and close a few daily candles there, there is not much point in pushing a bullish narrative.

I expect the price to plummet to $7000-$7500 which will be my first DCA entry point and from there I will reassess the market's behavior for my next move.

Nothing to do with DCA, after such a violent drop, going long in the sub 8000 area would be one of the highest probability trades you can make for the year, and so it turned out to be the case.

Regardless of long term outlook, the bounce was almost guaranteed, now it's not such a high probability play anymore but I expect the recovery to continue to at least above 9000 USD within the next week...

I usually look to increase my BTC holdings in general, but that is a different mindset from intraday trading activities.

[Vantix]

It would offer a DCA opportunity, but nothing more than that. It's bearish to see the price close below the 200EMA on the daily without bouncing off it first. In most cases these movements provide a glimpse of what the longer term trend will look like, so unless we make a massive bounce back above $9300 and close a few daily candles there, there is not much point in pushing a bullish narrative.

I expect the price to plummet to $7000-$7500 which will be my first DCA entry point and from there I will reassess the market's behavior for my next move.

Nothing to do with DCA, after such a violent drop, going long in the sub 8000 area would be one of the highest probability trades you can make for the year, and so it turned out to be the case.

Regardless of long term outlook, the bounce was almost guaranteed, now it's not such a high probability play anymore but I expect the recovery to continue to at least above 9000 USD within the next week...

I usually look to increase my BTC holdings in general, but that is a different mindset from intraday trading activities.

Predicting moves of bitcoin is very hard at this moment. There is just too much uncertainty.

PS. Correct me if I'm wrong but decreasing your dollar cost average will lead you to increasing your bitcoin holdings.